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Thread: Dee4life October newsletter

  1. 03-11-2023, 11:19 AM #11
    islaydarkblue
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    Quote Originally Posted by BCram View Post
    Had a look at Sandeman Properties Limited. Seems strange that somehow seeing John Bennett and Thorntons Solicitors resigning makes it feel less DFC oriented.
    Dark Blue Property Holdings Limited are now the holding company for Sandeman Properties Limited as well as Dens Park DBPH Limited and TTD Limited who all have the common directors of Timothy Keyes and John Nelms
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  2. 03-11-2023, 07:29 PM #12
    BP33
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    Quote Originally Posted by islaydarkblue View Post
    £1,130,322
    Not a lot of money, in this day, and age.
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  3. 03-11-2023, 09:43 PM #13
    islaydarkblue
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    Quote Originally Posted by BP33 View Post
    Not a lot of money, in this day, and age.
    It is if you are being charged an annual interest rate of between 9% and 24% according to the Soho Green website.
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  4. 03-11-2023, 10:03 PM #14
    BCram
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    Does that mean interest payments of between £100k and £250k?
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  5. 03-11-2023, 11:34 PM #15
    islaydarkblue
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    Quote Originally Posted by BCram View Post
    Does that mean interest payments of between £100k and £250k?
    Worse than that.
    Annual interest payments of between £101k and £271k plus the repayment of the £1,130,322 loan.
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  6. 04-11-2023, 07:24 AM #16
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    Deeranged
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    Quote Originally Posted by islaydarkblue View Post
    Worse than that.
    Annual interest payments of between £101k and £271k plus the repayment of the £1,130,322 loan.
    But not much worse than the £100k and £250k estimate made by BCram? In fact I'd say his was a pretty decent estimate.
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  7. 04-11-2023, 01:20 PM #17
    BCram
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    I think the floating charge means that repayment has to be made if the asset is sold. Don't think there is a term for the loan, but that might be an error on my part.
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  8. 04-11-2023, 07:01 PM #18
    islaydarkblue
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    Quote Originally Posted by Deeranged View Post
    But not much worse than the £100k and £250k estimate made by BCram? In fact I'd say his was a pretty decent estimate.
    I worked it out using my calculator to the nearest £1k.
    It is still a lot on money to be repaid including the interest on the loan.
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  9. 04-11-2023, 07:03 PM #19
    islaydarkblue
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    Quote Originally Posted by BCram View Post
    I think the floating charge means that repayment has to be made if the asset is sold. Don't think there is a term for the loan, but that might be an error on my part.
    It also states that the loan is secured against the 29.7 acres site at the former NCR Camperdown grounds plus the main entrance of the former NCR Camperdown factory.
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  10. 04-11-2023, 08:27 PM #20
    BP33
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    Quote Originally Posted by islaydarkblue View Post
    It also states that the loan is secured against the 29.7 acres site at the former NCR Camperdown grounds plus the main entrance of the former NCR Camperdown factory.
    Genuine question. Would you DFC went burst, so you could say I told you so. Or would you rather be the new proposed stadium be a success?
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